Bright 1 Bedroom | Pool View | Vacant | Apartment in DAMAC Hills
AED 196,000/year

AED 236 per sqft

Permit Pending Verification

Bright 1 Bedroom | Pool View | Vacant | Apartment in DAMAC Hills

DAMAC Hills, Dubai
Listed 91 days ago
1
Beds
1
Baths
830
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Kiara, DAMAC Hills. This 830 sqft property offers excellent value at AED 883,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views187
Reference298a3d7e-ceea-458f-8cae-f02d3439eb5c

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

DAMAC Hills Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in DAMAC Hills
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Price Transparency

Estimate
This listing
AED 236/sqft
Area benchmark unavailable
Annual rentAED 196,000
Security deposit (est. 5%)AED 9,800
Ejari registrationAED 220
Agency commission (5% one-off)AED 9,800
Est. first-year cash outlayAED 215,820

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Rental Market Comparison

Premium Rent

Premium Rent - 102% Above Market

Significantly above the DAMAC Hills average. May include premium amenities or location advantages.

Area Avg Rent
AED 117
per sqft/year
This Property
AED 236
102% above avg
Area Yield
6.5%
rental return
Monthly
AED 16K
per month

Investor Insight

Est. Property Value

AED 1.5M

Implied Yield

13.12%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • Updated 2026-02-22

DAMAC Hills Market Intelligence

Full Report
Avg Price/SqftAED 1,270
Active Listings18
Trendup
Price History (per sqft)
AED 1,922
Dec
AED 968
Jan
AED 1,185
Feb
AED 2,027
Mar

Average Price per Sqft by Month

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Rental Cost Analysis

Monthly Rent

AED 16,333

Annual: AED 196,000

AED 236/sqft per year

AED 196,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 9,800
Agency Commission(5% of annual rent)
AED 9,800
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 21,820

Recent Apartment Rental Transactions

Similar apartments rented in DAMAC Hills

AED 97K

Avg. Annual Rent

AED 140.76

Avg. /sqft (yr)

5

Rentals

AED 93K52.5% lower
16 Mar 2026 1 Bed 830 sqftAED 112/sqft
Rental Agreement
AED 91K53.7% lower
16 Mar 2026 1 Bed 401 sqftAED 226/sqft
Rental Agreement
AED 111K43.6% lower
14 Feb 2026 1 Bed 830 sqftAED 133/sqft
Rental Agreement
AED 89K54.8% lower
16 Nov 2025 1 Bed 830 sqftAED 107/sqft
Rental Agreement
AED 104K46.9% lower
17 Oct 2025 1 Bed 830 sqftAED 125/sqft
Rental Agreement

Transactions shown are for similar apartments in DAMAC Hills. Prices may vary based on floor, view, and finishing.